New York, NY – October 3, 2025 – The financial markets today witnessed a powerful surge from the S&P 500's Financials sector, playing a pivotal role in propelling the broader index to unprecedented record highs. This robust performance comes as "Fed Cut Fever" grips investors, with widespread anticipation of further interest
Federal Reserve Vice Chair Philip N. Jefferson delivered a pivotal address today, October 3, 2025, at the inaugural Drexel Economic Forum, outlining a U.S. economy experiencing a noticeable moderation in growth and a softening labor market. His speech, titled "U.S. Economic Outlook and the Fed's Monetary Policy Framework,
The U.S. economy finds itself at a critical juncture, navigating persistent inflation and a cooling labor market, while simultaneously grappling with the immediate and profound implications of an ongoing government shutdown. As of October 3, 2025, the federal government remains unfunded, triggering a widespread data blackout that has delayed
The United States is currently navigating a period of sustained elevated long-term mortgage rates, a trend that continues to exert significant pressure on the housing market and casts a long shadow over the broader financial landscape. As of October 2, 2025, the average 30-year fixed mortgage rate hovers in the
Washington D.C. – October 2, 2025 – The United States housing market is bracing for a potential cool-down as average long-term mortgage rates have ticked up for the second consecutive week, reaching 6.34%. This latest increase, announced by Freddie Mac, signals a tightening lending environment that could further exacerbate affordability
Rocket Companies’s 36.6% return over the past six months has outpaced the S&P 500 by 18.2%, and its stock price has climbed to $18.93 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
As the United States government teeters on the brink of a potential shutdown, effective October 1, 2025, financial markets and the broader real estate sector are bracing for significant disruptions. This impending political impasse threatens to inject a fresh wave of uncertainty into an already sensitive housing market, potentially impacting
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 1.8% in the afternoon session after the company announced it completed its $14.2 billion acquisition of Mr. Cooper Group, uniting the country's largest home loan originator with the largest mortgage servicer.
A number of stocks fell in the afternoon session after reports revealed a drop in consumer confidence amid mounting fears of a potential U.S. government shutdown.
Washington, D.C. – September 30, 2025 – As the United States government stands on the precipice of a shutdown at midnight tonight, the financial markets, particularly the mortgage sector, are bracing for a period of heightened uncertainty. While some analysts suggest a potential, albeit temporary, dip in mortgage rates as investors
Opendoor Technologies Inc. (NASDAQ: OPEN), a trailblazer in the iBuying real estate sector, is currently navigating a period of profound strategic transformation and intense market volatility. As of late September 2025, the company is aggressively pivoting its business model, moving away from its capital-intensive direct home purchasing towards a more
As of September 27, 2025, the U.S. housing market finds itself in a perplexing and challenging phase. Despite a promising streak of nine consecutive weeks of falling mortgage rates, which saw the average 30-year fixed rate dip to an 11-month low, indicators for future home sales have taken a
September 26, 2025 – The financial markets are closely watching mortgage rates as they enter a period of anticipated stability, hovering in the mid-6% range for a 30-year fixed conventional mortgage. This comes despite a recent Federal Reserve interest rate cut, highlighting the complex interplay of economic forces at play. For
Meta introduced a new pair of AI-powered glasses, Google announced a partnership with PayPal and AI updates to Chrome, and the Federal Reserve cut interest rates, but is concerned about both the economy and inflation.
The American housing market stands at a pivotal juncture, with economists and real estate experts forecasting a gradual recalibration in mortgage rates and a cautious, yet discernable, resurgence in home sales through 2025 and 2026. After a period marked by elevated interest rates and sluggish transaction volumes, the prevailing sentiment
The American housing market is currently navigating a pivotal phase, marked by a significant slowdown that has fueled widespread public anxiety. Experts and current data, however, largely point toward a "correction"—a necessary rebalancing—rather than a catastrophic "crash" akin to the 2008 financial crisis. This crucial distinction carries immediate
The U.S. housing market in 2024 and 2025 finds itself in a challenging and transformative period, largely dictated by the persistent grip of elevated mortgage rates. While rates have shown recent signs of a modest descent, they remain significantly higher than the historic lows witnessed during the pandemic, creating
The U.S. housing market is entering a new phase of recalibration, with leading financial institutions and housing authorities predicting a landscape of continued, albeit significantly moderated, home price appreciation through 2024 and 2025. This consensus among experts, including Fannie Mae, J.P. Morgan, Goldman Sachs, and the National Association
The U.S. housing market is currently in a delicate state of rebalancing, transitioning from an intense seller's advantage to a more nuanced, albeit challenging, environment for both buyers and sellers. Recent data on home sales activity and buyer demand paints a mixed picture, reflecting the ongoing impact of elevated
